TL;DR The launch of Ripple USD (RLUSD) on exchanges marks a milestone after overcoming many legal obstacles, offering a new stablecoin. RLUSD facilitates fast and cost-effective global payments, supported by the XRP and Ethereum blockchains, and is designed for both businesses and everyday users.
The price of the popular cryptocurrency XRP has risen over 467% in just over a month and is currently trading at $2.70. For many, even the most bullish XRP enthusiasts, such a wild performance came as a surprise, but U.Today had been predicting such an outcome for the cryptocurrency long before this surge happened.
Stellar Lumens was one of the best-performing cryptocurrencies on Dec. 17 as it continued to mirror Ripple. Stellar (XLM) price rose by 10%, reaching an intraday high of $0.4713, up 32% from its lowest level this month.
Ripple's uptrend is yet to show any sign of weakness, as it is very likely for the asset to hit a new record high in the short term.
Ripple's native crypto coin, XRP, has experienced a 24-hour 13% price uptick as whale activity and market optimism surged ahead of the launch of Ripple's new stablecoin, RLUSD. The blockchain firm announced the stablecoin will debut today, and anticipation surrounding the event appears to increase XRP's market activity.
It recently became known that the stablecoin Ripple USD (RLUSD) from the eponymous San Francisco crypto company has been officially launched. The stablecoin will work on two networks simultaneously — at least that is the plan now.
Savvy chartist Peter L. Brandt who has been in trading since 1975, has published a tweet to share that he had spotted a bullish pattern “Half Mast Flag” on an XRP/USD chart.
XRP has recently shown contrasting trends across its price chart and on-chain metrics, sparking concerns over its sustainability. While the price has surged significantly, on-chain activity tells a less optimistic story.
The most awaited Ripple Labs stablecoin Ripple USD (RLUSD) is now live on global exchanges after a prolonged period of struggle and hurdles with legal agencies. The cryptocurrency industry sees the launch as a major development for Ripple's native token, XRP, which was strongly influenced after yesterday's announcement.
With the rise of cryptocurrency cloud mining in recent years, most investors have rushed to grab this piece of “beeswax” and obtain huge profits from it. As the leader of cloud mining service providers, Cryptokeying has the most advanced data centers in the world, providing reliable, intelligent and diversified computing power.
The XRP price continued rising, becoming one of the best-performing large-cap cryptocurrencies in the market. Ripple (XRP) surged by over 12%, extending an uptrend that began on December 10 when the token bottomed at $1.9065.
In a surprising yet speculated move, the XRP price broke above a pattern and pierced through the crucial resistance, suggesting a massive rise in the strength of the bulls. FOMO has been in play at the moment, which has submerged the risk associated with the token for a while.
Because RLUSD transactions will burn XRP, the "two assets are intertwined and investors have picked up on this connection," an analyst said.
Ripple CEO Brad Garlinghouse has expressed excitement over the launch of the Ripple USD (RLUSD) stablecoin, describing it as "an enterprise-grade stablecoin for everyone." Yesterday, Ripple announced that Ripple USD (RLUSD) will be available on global exchanges starting today, Dec. 17, 2024.
Enterprise-focused blockchain Ripple will begin rolling out its long-awaited US Dollar stablecoin on Tuesday, December 17, after receiving approval from the New York Department of Financial Services (NYDFS) last week.
Ripple Labs' $XRP has been making waves in the crypto realm, capitalizing on regulatory developments that have spurred bullish market sentiment. Promising advancements in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.
Ripple recently announced the official launch of its stablecoin RLUSD, scheduled for this Tuesday, December 17, 2014. This news has generated great enthusiasm in the crypto community, with optimistic forecasts for the price of XRP.
Without even waiting for Bitcoin ($BTC) to even pause in its upward trajectory, both Ripple ($XRP) and Stellar ($XLM) are putting on a show. How far can they go?
XRP whales reduce holdings amid price consolidation as retail investors buy the dip. Ripple's RLUSD launch and bullish technicals hint at a potential breakout to $4.03.
The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.
XRP is gaining bullish momentum fueled by the launch of Ripple's RLUSD stablecoin and technical patterns signaling a potential breakout. Will XRP hit $3 soon?
XRP's price has been building significant momentum, currently trading at $2.66 after a daily gain of 11.75% and a weekly surge of 18.72%.
XRP surpasses $2.50 amid strong technical indicators and anticipation of Ripple's RLUSD stablecoin launch, with analysis suggesting potential for new all-time highs.
With the planned debut of RLUSD on Tuesday and Bitcoin breaking above the $107K price level for the first time, XRP skyrocketed to $2.60 resistance and eyes $4.
XRP price continued with its ascent on Tuesday, gaining 2.1% at the time of writing to trade at $2.53. The crypto coin has been on an ascending trajectory in the last week, with its gains at 14.4% during that period.
Ripple CTO David Schwartz addressed XRP Ledger (XRPL) account reserves and the voting mechanism. He tried to clarify that the voting system is designed to coordinate feature activation and not as the network's primary governance tool.
Though a relative latecomer to the 2024 cryptocurrency bull market, XRP has, nonetheless, performed remarkably and is, in total, 304.70% in the green year-to-date (YTD).
XRP News: Ripple whales appears to be on a buying spree, sparking a rally of over 8% in its native coin today. Notably, this comes as the market optimism soars especially as the blockchain firm announced to launch of its stablecoin RLUSD later today.
Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
XRP's surge came after Ripple announced today's stablecoin launch.
Popular crypto tracking service Whale Alert, which traces down large cryptocurrency transfers and shares the details on its account on the X platform (formerly widely known as Twitter), has spotted an immense XRP transfer worth almost $200 million in fiat.
The third-biggest crypto payments facilitator, Ripple announced that its RLUSD Stablecoin will go live today, ie., Tuesday, December 17, 2024.
Chainlink price is showing fresh bullish momentum amid a market trend that remains largely sideways. Currently, LINK is forming an ascending triangle pattern, indicating a potential breakout.
Ripple's USD stablecoin, RLUSD, officially launches today, Dec. 17, marking a major entry for the company into what may become a $2.8 trillion market in the near future. Monica Long, President of Ripple, described the launch as a milestone for both Ripple and XRP Ledger, as the stablecoin is set to play a key role in Ripple's payments ecosystem.
Recently, a significant movement of 800 million XRP tokens from exchanges has caught the attention of the cryptocurrency community. This large-scale transfer could have substantial implications for XRP's market dynamics.
XRP has shot up 370%, surging 370% from approximately $0.50 on November 5th to its current price of over $2.40.
RLUSD has sparked intense early demand with bids far exceeding its peg, while XRP gained 5% as excitement builds around the launch.
Ripple News Today: XRP has been on a bull ride since the U.S. election, with its price soaring close to $3 earlier this month. Currently, XRP is trading at $2.47, having risen 1.62% following the news of Ripple's RLUSD stablecoin launch. Analysts believe that XRP has the potential to reach $3.
Ripple has announced the launch of RLUSD, its U.S. dollar-backed stablecoin, set to debut on Dec. 17.
Ripples RLUSD stablecoin, backed by U.S. dollar deposits and operating on both Ethereum and XRP Ledger, enters the market as a competitor to USDC and USDT. With regulatory trust and global expansion plans, RLUSD targets institutional adoption for payments and liquidity.
Swiss-based investment firm GAM Investments has urged SBI Holdings, a major Japanese financial institution, to adopt an XRP buyback program. The proposal, made through an open letter to SBI's CEO, Yoshitaka Kitao, suggests that the company implement a strategy similar to the Bitcoin acquisition strategy employed by MicroStrategy.
XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance.
Ripple's RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple's RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple's new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec.
Ripple has officially announced the launch of its RLUSD stablecoin, set to go live soon. Monica Long, President of Ripple, took to her social media handle on Monday and said that this new stablecoin is an important step for both the XRP Ledger and Ripple, which handles over $70 billion in payments.
Ripple RLUSD debuts to boost cross-border payments. Investors remain optimistic despite SEC uncertainty ahead of key 2025 developments.
Ripple's RLUSD is all set to launch today (December 17) and XRP price is all set to possibly explode. Analysts are saying that XRP is currently in the later stages of a cycle wave three on the daily chart and this wave may still extend a bit higher, potentially reaching new all-time highs.
While RLUSD's price will always be redeemable for $1, some onchain “collectors” are likely bidding to be the first to hold the much-awaited Ripple stablecoin.